Trump, tariff
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President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?
Inflation has eased since Trump took office, meaning prices have risen at a slower pace than they had been at the end of the Biden administration. Consumer prices increased 2.4% in May compared to a year earlier, hovering near the lowest inflation since 2021.
The tech industry is once again on a knife’s edge after President Trump signed an executive action on Monday delaying the implementation of his reciprocal tariffs on countries around the world until Aug.
Donald Trump made a direct link between the tariffs and politics, saying he was making the change “due in part to Brazil’s insidious attacks on Free Elections."
Jamie Dimon warns markets are growing complacent on Trump’s tariff threats, as UBS's Paul Donovan flags a paradox fueling investor overconfidence.
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Currency analyst Ibrahim Assuaib said several global factors contributed to the US dollar's decline, which in turn supported the rupiah.
President Trump said Wednesday he would impose a 50% tariff on goods from Brazil next month, citing the criminal prosecution of former Brazilian President Jair Bolsonaro, which Mr. Trump called an "international disgrace.